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is the annual deficit recorded in the obama administration. not twice as large than the largest deficit in american history. not three times as large as the largest deficit in american history. but almost four times larger than the previous largest annual deficit in american history was the first year deficit recorded in the obama administration. we tip, that was the first time ever we run trillion dollar deficits, we continue to run trillion dollar deficits throughout that time. tax policy hasn't changed during that time. tax policy is exactly the same. you hear in the newspaper all the time, mr. speaker, the bush tax cuts. i don't know that that has meaning anymore. in 2001 and 2003 we did do some dramatic changes to tax policy. president obama extended all of those changes in 2010. that's the law of the land still today. tax policy has been exactly the same over this continuum. what has changed, mr. speaker, what has changed is the spending. the reason deficits have grown not one, not two, not three but almost four times larger than the pre
is the annual deficit recorded in the obama administration. not twice as large than the largest deficit in american history. not three times as large as the largest deficit in american history. but almost four times larger than the previous largest annual deficit in american history was the first year deficit recorded in the obama administration. we tip, that was the first time ever we run trillion dollar deficits, we continue to run trillion dollar deficits throughout that time. tax policy...
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Dec 6, 2012
12/12
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house speaker calling on the obama administration to respond to the republicans' deficit proposal. president obama is at 9:00 eastern followed by speaker boehner. >> this weekend on c-span 3's american history tv, follow harry truman's eldest grandson to japan. >> everybody has their own view what happened and i don't want to argue survival to anyone in japan about the history. we're past that. and my whole purpose for being here is to listen to the living and to do what i can. >> sunday at 9:00 p.m. eastern on c-span 3. >> the supreme court will look at what was passed in 2008 by a majority of 6-3 i believe and going to say that is precedent. and indiana had a -- >> they decided on the indiana case. it was constitutional for them to establish i.d. they did not say that all of those states -- >> correct, they talked about indiana. let me finish because you misrepresented what i said. >> no, i didn't. >> the supreme court is the law of the land. >> when i hear these accusations that black people, voter i.d. laws disproportionately affect minorities -- it says to me that we have some
house speaker calling on the obama administration to respond to the republicans' deficit proposal. president obama is at 9:00 eastern followed by speaker boehner. >> this weekend on c-span 3's american history tv, follow harry truman's eldest grandson to japan. >> everybody has their own view what happened and i don't want to argue survival to anyone in japan about the history. we're past that. and my whole purpose for being here is to listen to the living and to do what i can....
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and under this administration, under president obama, we have seen record deficits and a record debt accumulate, and yet he keeps demanding that we have seen record deficits and a record debt accumulate, and yet he keeps demanding that we raise taxes to pay for more spending. this will only hurt our economy. ernst and young has done an analysis of the president's proposal and said it will cost several hundreds thousands of jobs. there is a better way and the speaker has laid it out. it is an approach that calls for tax reform by reforming the tax code and passing responsible spending cuts in order to get our fiscal house in order. that's what america wants. this is our opportunity to do the big things. this is our moment to provide that leadership that america desperately wants and we stand here ready to take the action necessary. >> the american people are hurting right now and now is the moment where we need to step up to the plate and solve the problem. cann't know how any of us look our kids and grandkids in the eye and explain to them that we aren't willing to pay for the things
and under this administration, under president obama, we have seen record deficits and a record debt accumulate, and yet he keeps demanding that we have seen record deficits and a record debt accumulate, and yet he keeps demanding that we raise taxes to pay for more spending. this will only hurt our economy. ernst and young has done an analysis of the president's proposal and said it will cost several hundreds thousands of jobs. there is a better way and the speaker has laid it out. it is an...
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Dec 4, 2012
12/12
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and were increased by the obama administration. the report is not political in any way shape or form. it endorses things that are supported by the right in some cases and that are supported by people on the left. you cannot just take the parts that you like. you have to take the holistic approach, to maximize u.s. production and to reduce consumption partly by diversifying our transportation sector away from petroleum. the last thing i will say is that petroleum use in transportation is the pivot point of this entire problem. 70% of our use of petroleum in this country is for transportation. transportation is fueled about 93% of the time by petroleum. if you want to reduce the united states' dependence on imported petroleum and the related geopolitical issues, particularly in an issue when rising demand is creating a potential conflict for these resources, then you have to recognize transportation has to be diversified away from petroleum or the prices are set on the world market. canada and norway have been net petroleum exporters
and were increased by the obama administration. the report is not political in any way shape or form. it endorses things that are supported by the right in some cases and that are supported by people on the left. you cannot just take the parts that you like. you have to take the holistic approach, to maximize u.s. production and to reduce consumption partly by diversifying our transportation sector away from petroleum. the last thing i will say is that petroleum use in transportation is the...
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Dec 8, 2012
12/12
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. >> so, is this a question we should be asking the obama administration about syria? >> well, you remember, randi, that president clinton was really angry with me when i was asking that question. the fact of the matter is the question didn't prompt intervention, but there was intervention more than a year later and it stopped the war and the president enacted a peace settlement and the war stopped and peace still endures in bosnia. and i think the issue with syria raises some very important questions. president clinton himself just earlier this year said that the longer it goes without being stopped, the bigger the chance of bad actors getting involved and that is precisely what's happened, randi. that is one more reason that the administration is reluctant to intervene because now it's not just the ordinary rebellion that it started out as with people demanding reform, it is now being joined by all sorts of jihadests and extremists and al qaeda-type affiliates and this is what is really worrying the united states and the region. but this is, if you like a self-fulfil
. >> so, is this a question we should be asking the obama administration about syria? >> well, you remember, randi, that president clinton was really angry with me when i was asking that question. the fact of the matter is the question didn't prompt intervention, but there was intervention more than a year later and it stopped the war and the president enacted a peace settlement and the war stopped and peace still endures in bosnia. and i think the issue with syria raises some very...
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the obama administration has basically -- basically, they are tony blair to george w. bush's margaret thatcher. they have said, we have to keep 98% of the bush tax cuts in place for the betterment of the economy. >> it's so much bigger than that. >> they have won. >> republicans won. >> we have won. tax breaks. >> so to give a couple of percentage points to 2% of people. >> it could be so much bigger because the conversation has been shifted to how do we reduce our deficit. >> brian sullivan, thank you so much. greatly appreciate your insights. thanks for being with us on "way too early." you can catch brian on cnbc's "street signs" at 2:00 p.m. he is the hardest working man in show business, or at least on the other side of the river. >>> coming up this morning, we've got republican senator tom coburn. can't wait to talk to tom. also, tom cole will be here on set. that's great. we're going to ask him what he was thinking last week. i'm joking. congressman. also, democratic senator claire mccaskill. can you believe this? and congressman chris van hollen. also, we're go
the obama administration has basically -- basically, they are tony blair to george w. bush's margaret thatcher. they have said, we have to keep 98% of the bush tax cuts in place for the betterment of the economy. >> it's so much bigger than that. >> they have won. >> republicans won. >> we have won. tax breaks. >> so to give a couple of percentage points to 2% of people. >> it could be so much bigger because the conversation has been shifted to how do we...
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Dec 4, 2012
12/12
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this is the obama's administration offer. every day here in "the new york times"of the two proposals a the fiscal cliff continues to dominate washington here today and this week. irandy in alabama, republicans. caller: i think both of the approaches here are ridiculous. we keep talking about reforming the taxes when it is so complicated that an average person cannot even do it. it's really time to stop reforming the idea of taxes with all these tax ideas. it all it's going to do is drive up inflation. every time we raise taxes, inflation goes up. we really need to go to something like a consumption tax. there's a lot of space out your that do not even haven't come taxes, and their roads are really nice and they do not have been come taxes. they live off other taxes. i think they need to try to fix this whole thing was out just keeping throwing money at it. increasing rates and all of this stuff, it's madness. host: we showed you what senate majority leader harry reid had to say it in reaction to last night proposal from speak
this is the obama's administration offer. every day here in "the new york times"of the two proposals a the fiscal cliff continues to dominate washington here today and this week. irandy in alabama, republicans. caller: i think both of the approaches here are ridiculous. we keep talking about reforming the taxes when it is so complicated that an average person cannot even do it. it's really time to stop reforming the idea of taxes with all these tax ideas. it all it's going to do is...
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Dec 7, 2012
12/12
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we will likely see an impulse of the same with the obama administration in iran, and that means congress will have to push very hard to see that human rights and dr. c. and the promotion of those principles in iran is on that agenda, for most on that agenda and with the help of fdd we will help do that. congratulations on your human rights panel this morning. congratulations on all you do, and one more time, i want to tell you the intellectual information, the data that you provide is absolutely essential. thank you for that and i think at that point we will take some questions. thank you. [applause] >> thank you so much. it is clear to all of us why you have been entrusted with this very important gaveled of cheering house foreign affairs committee following the very, very able leadership of the chairman. i understand we are on a tighter schedule and i realized and in a moment i am going to call up kenneth schwartz to introduce senator casey but i would be remiss if i didn't welcome the president here today, lieutenant colonel larry bird walk. in 1983 he was the commander of an amphibio
we will likely see an impulse of the same with the obama administration in iran, and that means congress will have to push very hard to see that human rights and dr. c. and the promotion of those principles in iran is on that agenda, for most on that agenda and with the help of fdd we will help do that. congratulations on your human rights panel this morning. congratulations on all you do, and one more time, i want to tell you the intellectual information, the data that you provide is...
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Dec 2, 2012
12/12
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administration. treasury secretary tim geithner said it's up to republicans to make the next move in negotiations. >>> more storm trouble in california with snow and rain hitting the area. some rivers remain in danger from overflowing. >>> now back to "caught on camera." >>> unfortunately, convenience stores can sometimes be targets. but not usually like this. >> i turn, and then there's just a car coming at me. in the dog days of the summer of 2011, it's 16-year-old sammy's last day at a temp job helping out at his father's seven 7-eleven in aurora, colorado, and the high school junior is about to get a back-to-school sendoff he'll never forget. >> there was two people at the store. one was getting a blockbuster from the machine. the other was getting a slurpee. the guy with the slurpee was walking up to the counter. i was talking to the guy and i hear a loud noise coming from my right. it sounded like the movie "transformers." it sounded like a transformer was in our store. and then i turned and sa
administration. treasury secretary tim geithner said it's up to republicans to make the next move in negotiations. >>> more storm trouble in california with snow and rain hitting the area. some rivers remain in danger from overflowing. >>> now back to "caught on camera." >>> unfortunately, convenience stores can sometimes be targets. but not usually like this. >> i turn, and then there's just a car coming at me. in the dog days of the summer of 2011,...
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administration? >> well, you have to ask the question, why did it take the cia two months from the attack to finally say we're the one that scrubbed the documents given to her. we really knew all along or there was a terrorist based attack, and i if that's the case we have to find out who knew what, when, why we didn't take action and have the he ability to protect the united states ambassador. >> would you be precise? what exactly do you want to know? >> i want to know why the documents didn't contain the correct information from the beginning, or at least weren't corrected in real-time within a few days of the attack when we knew and have heard testimony the united states knew it was an al qaeda-based attack and was not a spontaneous attack, and why for now almost 11 weeks we sat here with misinformation and slowly but surely getting disclosures, first from clapper, and then secretary of state's office, to decollect attention away from the overall. we need an investigation, the facts on the table,
administration? >> well, you have to ask the question, why did it take the cia two months from the attack to finally say we're the one that scrubbed the documents given to her. we really knew all along or there was a terrorist based attack, and i if that's the case we have to find out who knew what, when, why we didn't take action and have the he ability to protect the united states ambassador. >> would you be precise? what exactly do you want to know? >> i want to know why...
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Dec 6, 2012
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is this the fight that the obama administration really wants to take up freshly inaugurated, freshly into its new term to try to map out big, bold leadership instead of digging these trenches down the line that are going to have pitfalls and stakes all buried in it? >> i come from the school of thought that this country has overcome a lot more than just a few extra dollars. i do believe that this economy will continue to thrive, this economy will continue to move forward. i don't believe that we're going to go into a huge, deep recession again if these bush tax cuts expire. i do believe that you can strengthen the economy if you let everything go off the cliff and come back and put in front of the american people and do a better job for the economy. there's up side either way you go. the president has got boehner in an untenable position. he doesn't have very many avenues to a victory right now but he's got a good escape, thomas. all john boehner has to do to exit out of this quickly is to say he won the election, we didn't, the american people in every survey say this is where we're
is this the fight that the obama administration really wants to take up freshly inaugurated, freshly into its new term to try to map out big, bold leadership instead of digging these trenches down the line that are going to have pitfalls and stakes all buried in it? >> i come from the school of thought that this country has overcome a lot more than just a few extra dollars. i do believe that this economy will continue to thrive, this economy will continue to move forward. i don't believe...
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Dec 8, 2012
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. >> so is this a question that we should be asking the obama administration about syria? >> well, you remember, randi, that president clinton was really angry with me when i was asking that question from sarajevo. the fact of the matter is the question didn't prompt intervention but there was intervention more than a year later and it stopped the war and the president enacted a peace settlement and the war stopped and peace still endures in bosnia. i think the issue of syria raises some very important questions. president clinton himself just earlier this year said that the longer it goes without being stopped, the bigger the chance of bad actors getting involved. that is precisely what's happened, randi. that is one more reason that the administration is reluctant to intervene, because now it's not just the ordinary rebellion that it started out as with people demanding reform. it is now being joined by all sorts of jihadists and extremists. al qaeda type affiliates. and all sorts of other types. and this is what's really worrying the united states and the region. but th
. >> so is this a question that we should be asking the obama administration about syria? >> well, you remember, randi, that president clinton was really angry with me when i was asking that question from sarajevo. the fact of the matter is the question didn't prompt intervention but there was intervention more than a year later and it stopped the war and the president enacted a peace settlement and the war stopped and peace still endures in bosnia. i think the issue of syria raises...
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bush 43 has been fairly quiet throughout the first term of the obama administration. now the president has been reelected, george w. bush sort of comes out a little bit to make this big address, why? what is the timing about, do you think? >> i think the timing was shrewd. he really made a point of staying quiet during the first couple of years of president obama's administration, saying that he wanted the about the to be able to do his job, he didn't think he needed a former president to go out there and do somed tore ra some editorializing. he gave some peaches, enjoyed his life. he was not the subject of any praeurbgsz in fact not the subject at all at the republican convention in tampa in august. as mitt romney was trying to win the presidentee again, george w. bush was really a recluse. i think now that the election is over the republicans lost. he wants to have a role in one of his causes. immigration is a passion he shares with his brother jeb, former governor of florida who is thinking of his own political future and possibly a white house run and wants to hel
bush 43 has been fairly quiet throughout the first term of the obama administration. now the president has been reelected, george w. bush sort of comes out a little bit to make this big address, why? what is the timing about, do you think? >> i think the timing was shrewd. he really made a point of staying quiet during the first couple of years of president obama's administration, saying that he wanted the about the to be able to do his job, he didn't think he needed a former president to...
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after rejecting the obama administration proposal last week, house republicans offered an outline for $2.2 trillion in deficit reduction, mostly through spending cuts. and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> reporter: -- a senior white house official assailed it as a step backward, saying if republicans do not agree to some higher rates for wealthier taxpayer, the nation will go over the cliff, and the american people will hold the republicans responsible. wall street remains optimistic a deal will be struck. so the lack of progress is not yet resulted in a market plunge. but some economists estimate that because of the uncertainty posed by the fiscal cliff, at least 200,000 fewer jobs have been created this year. the official deadline is december 31st at midnight when the ball drops in times square. the deadline is before that, a week from friday when the house of representatives is scheduled to go on vacation. in actuality there are fewer than 11 days before they need to work out a deal. jake tapper
after rejecting the obama administration proposal last week, house republicans offered an outline for $2.2 trillion in deficit reduction, mostly through spending cuts. and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> reporter: -- a senior white house official assailed it as a step backward, saying if republicans do not agree to some higher rates for wealthier taxpayer, the nation will go over the cliff, and...
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the obama administration has faced accusations it gave undeserved access to the filmmakers. in real life, everyone involved in the hunt for bin laden remains sworn to secrecy. but the filmmakers say they got firsthand accounts. they just won't say exactly how that happened. >> i think as a reporter you would understand we take prot t protecting our sources and sort of the exact methodology of our sourcing pretty seriously, just in the same way if i asked you how did you source that story. >> katherine, when you hear mark talk this way, are you a journalist or a filmmakerer? >> that's a good question. well, i certainly tried to be as faithful to the research as possible and make a good movie and make a film that was timely. >> reporter: but how much access they got is the issue. >> obviously things went wrong here. >> reporter: congressman peter king, chairman of the house homeland security committee first called for an investigation at both the cia and the pentagon. >> there was an event where operatives were involved and they did not know until they got there that the holly
the obama administration has faced accusations it gave undeserved access to the filmmakers. in real life, everyone involved in the hunt for bin laden remains sworn to secrecy. but the filmmakers say they got firsthand accounts. they just won't say exactly how that happened. >> i think as a reporter you would understand we take prot t protecting our sources and sort of the exact methodology of our sourcing pretty seriously, just in the same way if i asked you how did you source that story....